30-10-2014 23:52:00 | by: Administrator | hits: 27515255 | Tags:

Ecobank And Dashen Bank launch remittance app targeting Ethiopians in the diaspora
09-06-2023 | 16:29:14
The cross-border remittance solution app which is available in the rest of Ecobank’s 33 countries, enables African diaspora residing in Europe to remit funds back to Ecobank countries in Africa, including Ethiopia seamlessly.
Cairo named new venue for 3rd Intra-African Trade Fair
31-05-2023 | 10:58:43
The Egyptian capital city of Cairo has been announced as the new host of the third Intra-African Trade Fair (IATF2023) which will now take place from 9 to 15 November 2023.
Amethis investit dans la société espagnole HB Aesthetics
31-05-2023 | 10:48:00
Soutenu par Amethis, le spécialiste espagnol de produits dermocosmétiques HB Aesthetics prépare son expansion africaine.
AFC secures US$625 million Syndicated Loan with New Lenders from Middle East and Asia
31-05-2023 | 10:03:21
Africa Finance Corporation, the leading infrastructure solutions provider on the continent, announces that it has secured a US$625 million syndicated loan with new lenders from the Middle East and Asia.
Kenya to discard visa fees for Africa traders
30-05-2023 | 11:33:52
President William Ruto has announced plans to remove visa requirements for African nationals travelling to Kenya for business as a first major step to remove barriers to intra-Africa trade.
[South Africa] PPC to list on A2X
30-05-2023 | 10:34:00
PPC Limited has been approved for a secondary listing on A2X Markets. Its shares will be available for trade on A2X from 30 May 2023.
The launch of Capacity-Building Program to foster economic and financial development of African cities
29-05-2023 | 09:41:06
United Cities and Local Government of Africa (UCLG Africa), in partnership with the African Development Bank (AfDB), is organizing the second phase of its capacity-building program for Chief Financial Officers of African cities.
[Column] Shameel Joosub: Unlocking AfCFTA's potential value
26-05-2023 | 10:03:00
Encompassing 54 countries and 1.3 billion people and accounting for revenue of over US$3.4 trillion in terms of GDP, the AfCFTA’s potential value is enormous.
Creditinfo acquires Ugandan and Namibian credit bureaus
26-05-2023 | 09:58:59
As part of the acquisition, Creditinfo has taken on all employees working in the credit bureaus, which were previously owned by Experian.
Kenya Association of Manufacturers hosts trade and investment mission in DR Congo
25-05-2023 | 05:15:00
Manufacturers from Kenya have called for export-led manufacturing growth to increase the sector’s contribution to the GDP from the current 7.8% to 20% by 2030.
Xylem launches international pump manufacturing site in Egypt
25-05-2023 | 05:15:00
Xylem, the global water technology provider, and its regional partner, the Tiba Manzalawi Group, have announced the launch of its new joint-venture manufacturing site, the Xylem Egypt Plant, that will provide world-class water solutions and brands to the region.
ITC, African Union Commission partner to empower small businesses unlock intra-African trade
25-05-2023 | 05:12:00
Together, the organizations will foster inclusive trade in Africa by incorporating small enterprises into the regional economy, and promote the sharing of trade information and market intelligence across Africa through the African Trade Observatory (ATO).
France commits to fostering economic, investment ties with Nigeria
25-05-2023 | 05:05:00
In a bid to promote trade between France and Nigeria, the French Government has said it will continue fostering economic and investment ties with Nigeria.
IN Groupe partners with Entrust to modernize identity programme in Africa
24-05-2023 | 10:06:25
IN Groupe and Entrust have announced that they have expanded their partnership to modernize an African government’s identity program, bringing greater security and scalability to meet the identity challenges of today and into the future.
Sabi raised $38 Million for B2B marketplace serving African retailers
24-05-2023 | 08:05:00
African B2B e-commerce startup Sabi tops $300M valuation in new funding.
Equinor, ExxonMobil, Shell conclude talks for mega LNG project in Tanzania
23-05-2023 | 11:40:00
Energy giants Equinor, Shell and Exxon Mobil have concluded talks with the Government of Tanzania over the construction of a mega LNG export facility in the East African country.
Banks, regulators and fintechs drive global investment into Ghana, report
19-05-2023 | 08:38:24
AZA Finance released a brief unveiling critical insights in the Ghanaian fintech landscape, emphasizing the crucial roles of banks, regulators, and fintech in driving global investment into this thriving market.
Access Bank launches in France to strengthen trade links between Africa and Europe
18-05-2023 | 09:39:09
As part of its strategic moves to boost trade and investment between Africa and Europe, Access Bank Plc, one of Nigeria’s biggest financial services institutions, has established a new subsidiary in Paris, France.
Deal Source Africa platform launched to bridge the funding gap for African businesses
18-05-2023 | 09:31:06
Deal Source Africa, a comprehensive program to connect African businesses with investors and transaction advisors and African Impact Funds with investors, officially launched at the West Africa Deal Summit held in Accra.
The East African Competition Authority and the Competition Authority of Kenya sign bilateral agreement
17-05-2023 | 10:11:47
The MoU lays out modalities through which the agencies will mitigate competition infringements with cross-border effects, as well as foster transparency and predictability with regard to multijurisdictional merger notifications in order to reduce transaction costs for businesses.
South African retailer Woolworths partners with tech firm First Insight to boost operations
16-05-2023 | 10:42:08
Woolworths announced that it will use First Insight to gather zero-party, Voice of Customer data and operationalize product testing for faster and better merchandising decisions in their Womenswear division.
E-commerce platform Bigcommerce broadens international presence with entry into South Africa
16-05-2023 | 10:37:00
Through this expansion and localized partnerships, BigCommerce delivers its modern enterprise ecommerce platform to help merchants of all sizes build and grow their online presence with innovative shopping experiences that power online sales and drive revenue.
Nouvelle coopération entre Sinopharm Foreign Trade signe et LAPROPHAN
15-05-2023 | 13:29:00
La coopération couvre tous les domaines de la santé et de la médecine, notamment les préparations pharmaceutiques, les principes actifs, les articles de conditionnement, les consommables pharmaceutiques et les dispositifs médicaux ainsi que les équipements et matériels de production pharmaceutique.
More funds for Côte d'Ivoire and Egypt by ITFC
15-05-2023 | 11:41:00
ITFC Signs Six Agreements Totaling US$101 Million with Côte d'Ivoire, Egypt, Uzbekistan, and KSA.
Mediterrania, Proparco, DEG et FMO déboursent 75 millions € pour acquérir une part du Laprophan
15-05-2023 | 09:58:00
Mediterrania Capital Partners (MCP) a dirigé un consortium d’investisseurs comprenant Proparco, FMO et DEG, dans la signature d'un accord d’un montant de 75 millions € avec la société marocaine Laprophan, active dans le secteur pharmaceutique.
Tech firm TELUS International expands global operations to Africa
11-05-2023 | 13:50:48
TELUS International now operates in 32 countries located across five continents around the world.
Kenya and IFAD agree to accelerate agriculture and adapt to climate crisis
11-05-2023 | 13:50:46
Kenya is one of the countries most affected by the climate crisis. One of the worst ever droughts in over 40 years has caused crop failure and numerous livestock deaths.
BOAD autorise de nouveaux engagements pour 173,38 milliards FCFA
11-05-2023 | 13:33:00
Le 135ème Conseil d’Administration de la BOAD autorise de nouveaux engagements pour 173,38 milliards FCFA.
Afreximbank acts as joint lead manager on MCB US$300 million Debut International Senior Bond
10-05-2023 | 12:01:00
frican Export-Import Bank (Afreximbank), through its Advisory and Capital Markets (ACMA) division, has acted as Joint Lead Manager for the debut US$300 million RegS-only international senior unsecured notes issued by Mauritius Commercial Bank (MCB) under its US$3 billion Global Medium Term Note Programme.
GuarantCo closes its first syndication transaction for Africa and Asia infrastructure development
10-05-2023 | 11:01:36
GuarantCo closes its first syndication transaction mobilising the private insurance sector to contribute to bridging the infrastructure financing gap in Africa and Asia
MainOne, an Equinix Company expands global interconnection capabilities using Equinix Fabric
10-05-2023 | 09:44:00
West Africa’s connectivity and data center services provider, MainOne, an Equinix Company has enhanced its interconnection capabilities by using Equinix Fabric to extend its network reach and provide its enterprise customers with agile, on-demand and seamless connectivity to cloud providers, remote markets, and local infrastructure over the MainOne network and onto Platform Equinix.
African Development Bank debars Goldsun Investments Company Limited for 24 months for Fraudulent Practices
10-05-2023 | 09:12:31
The African Development Bank Group announces a 24-month debarment of Goldsun Investments Company Ltd., a liability company registered in the Republic of Kenya.
EABC underscores the role of business associations in the implementation of the AFCFTA
09-05-2023 | 13:29:06
The East African Business Council (EABC) emphasizes the vital role of business associations in the successful implementation of the African Continental Free Trade Area (AfCFTA).
AMICO Group Adopts RISE with SAP to enhance omnichannel solutions for its customers in the MENA healthcare market
09-05-2023 | 13:27:14
AMICO Group, a UAE-based player in healthcare specialty markets in the MENA region, is continuing its digital transformation journey supported by technology company SAP SE to enhance its customer experience and engagement through personalized, omnichannel solutions, and to increase agility and enable future expansion plans.
Viva Technology et IFC annoncent un record de participation aux AfricaTech Awards 2023
08-05-2023 | 09:36:00
Viva Technology et la Société financière internationale (IFC) ont annoncé le Top 45 des start-up retenues pour la deuxième édition des AfricaTech Awards, une initiative panafricaine visant à reconnaître et soutenir les start-up émergentes à l'origine de l'innovation et de l'impact sur le développement à travers le continent.
Twiga Foods Founder Peter Njonjo’s firm acquires Maisha Microfinance Bank
08-05-2023 | 09:23:00
A firm associated with Twiga Foods founder Peter Njonjo has acquired a controlling stake in the Maisha Microfinance Bank (Maisha MFB) after receiving regulatory approval from the Central Bank of Kenya (CBK).
Brokerage firm Vantage acquires license to operate in South Africa
08-05-2023 | 09:12:00
Vantage, the global multi-asset broker, has obtained a derivatives license issued by the Financial Sector Conduct Authority (FSCA) in South Africa.
Standard Chartered partners with PVH Corp. on sustainability-linked supplier finance programme
08-05-2023 | 09:05:00
Under this new sustainability-linked facility, PVH’s suppliers will have their day-to-day operations benchmarked against PVH’s environmental & sustainability performance metrics.
GVCA hosts maiden conference to leverage Private Equity for Ghana’s economic recovery
08-05-2023 | 07:42:43
The conference was a platform to illuminate Private Equity as a catalyst for the recovery of Ghana’s economy.
Mastercard partners with the Ethiopian Minerals Petroleum and Biofuel Corporation to digitize e-commerce platform
05-05-2023 | 10:19:44
Mastercard, in partnership with the Ethiopian Minerals Petroleum and Biofuel Corporation (EMBPC), recently solidified a partnership that includes digitizing the corporation's mineral e-commerce platform.
[Column] Pankaj Bedi: High production costs hurting Kenya’s apparel exports
04-05-2023 | 12:33:41
A Cabinet communique dated 6th December 2022 highlighted government’s plan to drive Kenya’s export-led growth.
COMESA, IOM sign agreement to strengthen cooperation
04-05-2023 | 12:26:39
COMESA and the International Organisation for Migration (IOM) have signed a Memorandum of Understanding to build a cooperative working relationship in different areas of common interest which centers on managing migration and related activities in the Eastern and Southern African region.
Société Bel Mabrouk des Travaux et Investissements S.A.R.L est suspendue pour les pratiques frauduleuses
03-05-2023 | 12:35:00
La Banque africaine de développement exclut, pour 13 mois, l’entreprise Société Bel Mabrouk Des Travaux et Investissements S.A.R.L pour pratiques frauduleuses
Nigerian payment fintech VigiPay selects ThetaRay AI Solution to enhance safe transactions
03-05-2023 | 10:33:54
Through the agreement, ThetaRay will provide VigiPay the SONAR AML solution, a cloud-based transaction monitoring and screening platform that can detect the earliest signs of sophisticated money laundering activity.
UK Insurtech YuLife expands to South Africa
03-05-2023 | 10:25:40
. Founded in London in 2016, YuLife achieved rapid traction in the UK insurance market through its flagship product, group life insurance.
Gabon, Sierra Leone accede to establishment agreement of Afreximbank’s Fund for Export Development in Africa
03-05-2023 | 09:31:00
FEDA, the development impact-focused subsidiary of African Export-Import Bank (Afreximbank), has announced the accession of the Gabonese Republic and the Republic of Sierra Leone to the Fund through their recent respective signing of the FEDA Establishment Agreement.
Ghana, Austria sign key strategic partnership agreements
28-04-2023 | 09:12:07
The President of the Republic, Nana Addo Dankwa Akufo-Addo, and the Chancellor of the Federal Republic of Austria, Karl Nehammer have agreed on key areas of cooperation primary on strengthening existing bilateral ties between the two countries.
Global tyre manufacturer Goodyear seeks to expand to Zambia and DR Congo
28-04-2023 | 09:06:37
As part of its growth strategy, Goodyear Middle East & Africa (MEA) is actively seeking the right distributor & service provider to expand its reach within Zambia and the Democratic Republic of Congo (DRC).
Mastercard and egabi partner to expand access to digital lending solutions across Eastern Europe, Middle East, Africa
27-04-2023 | 15:45:00
Mastercard and IT banking solutions company, egabi FSI, have partnered to expand financial institutions and non-traditional partners’ access to new embedded finance and digital lending products across Eastern Europe, Middle East and Africa.
CPDIF invests growth capital in the digital infrastructure and digital services sectors in Sub-Saharan Africa
27-04-2023 | 12:03:28
Convergence Partners Digital Infrastructure Fund (CPDIF) invests growth capital in the digital infrastructure and digital services sectors in Sub-Saharan Africa.
Fonds africain de développement et Smart Africa lancent 1,5M $ pour booster l'e-commerce africain
27-04-2023 | 11:51:00
Le Fonds africain de développement et Smart Africa Alliance lancent un projet de 1,5 million de dollars pour améliorer les écosystèmes du commerce numérique et électronique en Afrique
Five Eastern and Southern African countries under negotiation to sign Economic Partnership Agreement (EPA)
27-04-2023 | 11:35:24
Commission reports on eleventh negotiation round with five Eastern and Southern African countries to deepen existing Economic Partnership Agreement
Standard Chartered and IFC renew commitment to boost global trade by up to $6 billion
27-04-2023 | 10:04:00
Standard Chartered and International Finance Corporation, IFC, have announced the signing of a $700 million investment in IFC's Global Trade Liquidity Program (GTLP) to support global emerging market trade finance.
PAPSS et ASEA établissent un partenariat pour révolutionner les paiements transfrontaliers des bourses de valeurs en Afrique
27-04-2023 | 09:59:00
La Banque africaine d'import-export (Afreximbank) et le secrétariat de la zone de libre-échange continentale africaine (AfCFTA) ont développé le PAPSS, qui permet des paiements transfrontaliers instantanés en monnaie locale.
Africa50 nomme Papa Demba Diallo au poste de Directeur Exécutif, Développement de projets
26-04-2023 | 16:52:00
Africa50, la plateforme panafricaine d'investissement dans les infrastructures, a le plaisir d'annoncer la nomination de Papa Demba Diallo au poste de Directeur général, Développement de projets.
Les experts réunis à Abidjan pour discuter de la cybersécurité en Afrique
26-04-2023 | 16:43:00
Portant sur le thème « Enjeux, acteurs et partenaires : quelles solutions pour sécuriser la transformation digitale de l’Afrique ? », le CAF 2023 réunit plus de 1 200 participants, 300 experts et plus de 45 entreprises privées et organisations publiques.
Africa50 et SFI s'unissentpour accélérer la réalisation de projets d'infrastructure bancables an Afrique
26-04-2023 | 16:12:00
Le directeur général de la SFI, Makhtar Diop, et Alain Ebobissé discutent des moyens d'accélérer la réalisation de projets bancables en Afrique
Completion of Acquisition of Minority Share in Panoro’s Tunisian Business
24-04-2023 | 12:00:00
Panoro announced it had entered into a definitive agreement with Beender Tunisia Petroleum Limited to purchase its 40 percent shareholding in Sfax Petroleum Corporation AS.
Le Sénégal a reçu le fonds pour le développement du port de Dakar et de Ndayane.
20-04-2023 | 12:24:00
MIGA guarantee allows Senegalese government to increase interest in current operator of container terminals at the port of Dakar and future port of Ndayane.
Entrée en négociation exclusives avec le Groupe CMA CGM concernant Bolloré Logistics
20-04-2023 | 11:50:00
Le Groupe Bolloré a reçu une offre spontanée du Groupe CMA CGM pour l’acquisition de ses activités de commission de transport et de logistique regroupée dans Bolloré Logistics.
TDB and Finnfund working together for investment development in Africa
20-04-2023 | 11:26:00
TDB Group has signed a Memorandum of Understanding with Finnfund, a Finnish development financier and impact investor, to promote investments that contribute to the UN Sustainable Development Goals in key projects in TDB member states.
EAC to digitize the Common External Tariff to enhance private sector participation in international trade
19-04-2023 | 11:17:00
The digitalization efforts are aimed at enhancing the participation and access to trade information of the private sector in international trade.
Bühler and Nigerian government collaborate to enhance rice production and food security
19-04-2023 | 11:12:54
Initiated in 2017 with the agreement for the acquisition of a rice mill at Imota, the project involves the government at both state and federal level, which has recognised the importance of improving the independence and security of its food supply.
AfDB, European Union and France invest $300 million in Tanzania’s hydropower project
19-04-2023 | 11:10:04
The funds will finance the construction of the 87.8-megawatt Kakono Hydropower Plant located in Kagera region in the northern part of Tanzania. The project also received a grant of EURO 36 million from the European Union.
TDB plans to empower MSMEs through trade and finance
17-04-2023 | 10:43:08
The Eastern and Southern African Trade and Development Bank (TDB) has contributed to the World Trade Board’s new plan to drive greater access to trade finance for MSMEs, the Financial Inclusion in Trade Roadmap.
Elgon Kenya MD Dr. Bimal Kantaria appointed to the global advisory council of CWEIC
14-04-2023 | 10:00:00
The Commonwealth Enterprise and Investment Council, CWEIC, has selected agro input company Elgon Kenya as its strategic partner and appointed its Managing Director Dr. Bimal Kantaria to its global advisory council.
Export Launchpad Uganda to open doors for women-led SMEs to global markets
13-04-2023 | 08:35:21
The International Islamic Trade Finance Corporation (ITFC), TFO Canada, and the Uganda Export Promotion Board (UEPB) have launched the Export Launchpad Uganda program to provide women-led SMEs with the necessary tools and knowledge to expand their businesses in international markets.
Establishment of Special Economic Zones for the production of Battery Electric Vehicles in DRC and Zambia
12-04-2023 | 13:43:40
Afreximbank and ECA sign framework agreement towards establishing Special Economic Zones for the production of Battery Electric Vehicles in DRC and Zambia
Eni celebrates sail away of FPSO Firenze to Baleine Field Offshore Côte d'Ivoire
12-04-2023 | 12:41:39
The FPSO Firenze will allow production start-up of the Baleine field, which is the largest hydrocarbon discovery in Côte d'Ivoire.
Ethiopia becomes Africa Finance Corporation’s 40th member state
12-04-2023 | 11:25:50
Ethiopia is the seventh country to join in the past year, alongside Angola, Botswana, Cameroon, Somalia, South Sudan and Tunisia.
AfDB, COMESA launch $1.5 million project to improve electricity regulation in the region
12-04-2023 | 11:22:51
The African Development Bank (AfDB) and the Common Market for Eastern and Southern Africa (COMESA) have launched a new regional initiative to enhance the sustainability of the electricity sector in Eastern and Southern Africa through harmonized regulatory frameworks.
Marcyrl attracts new investment from DPI and Amethis
06-04-2023 | 13:33:00
The new investment is set to drive innovation and help expand access to specialty drugs across Africa.
L’enveloppe de garanties de 15$M octroyée par Proparco à la Banque Populaire de Mauritanie
06-04-2023 | 12:38:00
L’enveloppe de garanties octroyée par Proparco porte sur un montant de 15 millions de dollars à la Banque Populaire de Mauritanie pour renforcer son activité de financement des importations en Mauritanie et d’accroître sa contribution à l’approvisionnement du pays.
IATA launches initiative to strengthen aviation’s contribution to African development
05-04-2023 | 08:38:29
The International Air Transport Association (IATA) is launching “Focus Africa” to strengthen aviation’s contribution to Africa’s economic and social development and improve connectivity, safety and reliability for passengers and shippers.
Financial advisory firm Kroll expands into South Africa
05-04-2023 | 08:36:42
Kroll, the independent provider of global risk and financial advisory solutions, has announced that it has opened a new office in Johannesburg, delivering its international restructuring expertise to South Africa.
Kenya and Rwanda sign agreement on 10 areas of cooperation
05-04-2023 | 08:26:00
Kenya and Rwanda Tuesday signed an agreement in 10 areas of cooperation to enhance relations. The Memorandum of Understanding will establish mechanisms for effective cooperation in Education, ICT, Gender and Child Development, Youth and Capacity Development for the Public Service.
More investments to bolster infrastructure, energy security, food security, and healthcare from DFC
03-04-2023 | 12:16:37
The transactions will support U.S. foreign policy and development priorities across the globe, including enabling sustainable infrastructure and energy security, advancing food security and agricultural innovation, supporting small businesses, and improving healthcare.
Finverity raises $5 million to expand Supply Chain Finance Technology
03-04-2023 | 09:42:00
Finverity raises $5m equity funding as revenues grow 15x to meet the demand for its solutions, and finish opening its offices in Dubai, Poland and Kenya.
Kenya and Nigeria embrace Free Trade deal to boost economic development
31-03-2023 | 13:02:00
The African Continental Free Trade Area (AfCFTA) could deliver far greater benefits making it a potential game changer for Africa’s economic development.
Green Climate Fund commits $253 million to AFC’s Infrastructure Climate Resilient Fund for Africa
31-03-2023 | 09:16:53
Approved during the recently concluded 35th meeting of the GCF Board, this landmark transaction also represents GCF’s biggest commitment to an Africa-wide multi-country program, facilitating AFC’s innovative introduction of climate-resilient infrastructure as a new asset class in the African investment landscape.
XRP Healthcare expands into Africa
31-03-2023 | 09:10:46
XRP Healthcare has announced its entry into the African Healthcare sector to acquire and merge privately owned healthcare establishments via its subsidiary XRP Healthcare Africa, creating a sustainable premier healthcare network.
[column] Alain Ebobissé : Why bankable projects are key to win-win US-Africa investment
30-03-2023 | 13:57:00
The United States-Africa relations are back in the spotlight, and investment is the word of the hour. Crafting mutually beneficial relations will depend on developing a credible pipeline of bankable and sustainable projects on the African continent.
Kenya to partner with Univercells to set up Biotechnology Center
30-03-2023 | 13:25:00
The Head of State said the partnership once finalised will also include skills transfer to boost the country’s human capital in the pharmaceutical industry.
[Africa Business Communities Forum] How are the 2023 elections affecting businesses in Nigeria?
30-03-2023 | 12:09:00
With the end of the first quarter here, Africa Business Communities talks with business owners and CEOs in Nigeria on the effect this year's elections is having on the economy at large.
Afreximbank enhances financing facility for Fidelity Bank plc, from US$125 million to US$180 million
30-03-2023 | 10:43:00
African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility provided to Fidelity Bank plc, Nigeria under the Afreximbank Trade Facilitation Programme (AFTRAF).
La BAD approuve une dette subordonnée de 147 millions $ en faveur de la Mauritius Commercial Bank
30-03-2023 | 10:29:00
La Banque africaine de développement approuve une dette subordonnée de 147 millions de dollars en faveur de la Mauritius Commercial Bank pour renforcer sa base de capital et stimuler la croissance du portefeuille de prêts
Afreximbank’s insurance subsidiary, AFREXInsure, secures its first transaction
30-03-2023 | 10:12:55
AfrexInsure has completed its first insurance policy, facilitating the issuance of all-risk construction insurance cover to Oman Shapoorji Company in relation to the construction of the Afreximbank Africa Trade Center in Harare, Zimbabwe.
Kenya Airways and South Africa airlines to finalise partnership strategy in 2024
29-03-2023 | 12:24:46
Kenya Airways and South African Airways have announced plans to launch a pan-African airline group in 2024, as part of their strategic partnership.
Germany to support Kenyan businesses access European markets
29-03-2023 | 12:24:36
Germany will support Kenya in its attempt to better penetrate the European Union market.
IFC partners with Egypt’s Commercial International Bank in managing climate risk, boosting sustainability
28-03-2023 | 09:42:00
The advisory project will include an initial portfolio screening against climate risk and the development of scenario planning and stress testing methodology for CIB, a long-term IFC partner.
COMESA, Zimbabwe sign agreement to upgrade Chirundu border post
28-03-2023 | 09:37:27
The Common Market for Eastern and Southern Africa (COMESA) Secretariat, and the Government of Zimbabwe, have signed a Euro 920,544.28 sub-delegation agreement to construct a cross-border market at Chirundu border post between Zambia and Zimbabwe.
Food tech company GrubMarket expands into Egypt
28-03-2023 | 09:32:32
These developments represent GrubMarket's underlying commitment to building a robust, global supply chain for high-quality, fresh produce.
TradeMark Africa and Kenya National Chamber of Commerce and Industry launch online platform for women traders in East Africa
24-03-2023 | 09:33:00
Designed to support women in trade across East Africa access and use vital and simplified information, iSOKO will unlock opportunities for participation, formalisation of businesses and growth in trade value.
Liquid Intelligent Technologies acquires Egyptian cloud and cyber security provider Cysiv MEA
23-03-2023 | 09:09:39
The acquisition allows the London-based group with operations in Africa, UK, the US and Latin America, to bring some of the best global cloud and cyber security products to the Egyptian market.
Baron & Cabot Launches a portal to support the expansion of local real estate agencies in Africa
22-03-2023 | 11:37:04
Baron and Cabot, a UK-based international real estate firm has launched a game-changing concept – a UK property portal that is offering a strategic expansion plan for real estate agencies in Africa.
Egypt and Marriott power hotel development in Africa
22-03-2023 | 11:35:00
North Africa continues to dominate the pipeline, with Egypt far ahead. It alone numbers 21% of the hotels and 30% of the rooms being planned or built on the entire continent.
Aramco and DHL Supply Chain announce new end-to-end Procurement and Logistics Hub joint venture
22-03-2023 | 10:48:51
Aramco and DHL Supply Chain partnership move is expected to help customers drive supply chain efficiency and cost benefits while reducing their carbon footprint through more sustainable solutions
Operationalisation of the AfCFTA Adjustment Fund MoU signed in Rwanda
20-03-2023 | 10:09:00
The AfCFTA Secretariat and African Export-Import Bank (Afreximbank) signed the Host Country Agreement for the AfCFTA Adjustment Fund with the Republic of Rwanda.
Volvo delivers the first heavy electric truck to Africa
20-03-2023 | 05:30:00
Deployment of heavy electric trucks is now spreading across the world. With Europe and the US among the leaders, the shift to more sustainable transport is kicking off also in other parts of the world. In Africa, the first heavy electric truck is now being delivered in the city of Rabat in Morocco.
Yalla Xash partners with Hub2 to expand money transfer services from North America to West Africa
20-03-2023 | 05:25:00
The agreement will enable Yalla Xash to leverage Hub2's extensive network of partners and agents in Africa and facilitate faster, more secure, and more affordable money transfers for customers sending to West Africa.